Sabiedrība ar ierobežotu atbildību "Baltic Timber Company"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 51 242 | 80 163 | 168 998 | 153 267 | 115 970 | 121 695 | 106 222 | 235 414 | 299 243 | 267 889 | 126 900 | 62 895 |
| Total non-current assets | 28 039 | 29 983 | 53 490 | 92 475 | 123 788 | 67 154 | 90 185 | 206 871 | 277 076 | 229 636 | 110 456 | 70 687 |
| Total assets | 79 281 | 110 146 | 222 488 | 245 742 | 239 758 | 188 849 | 196 407 | 442 285 | 576 319 | 497 525 | 237 356 | 133 582 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 58 401 | 84 903 | 189 975 | 180 243 | 149 055 | 146 220 | 106 328 | 263 358 | 251 464 | 404 990 | 352 453 | 276 482 |
| Non-current liabilities | 16 241 | 13 410 | 6653 | 25 469 | 31 240 | 0 | 0 | 37 208 | 162 204 | 63 896 | 46 781 | 0 |
| Total liabilities | 74 642 | 98 313 | 196 628 | 205 712 | 180 295 | 146 220 | 106 328 | 300 566 | 413 668 | 468 886 | 399 234 | 276 482 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 2125 | 7194 | 12 165 | 14 170 | 42 816 | -2076 | 47 449 | 51 640 | 58 432 | -134 012 | -190 517 | 18 978 |
| Total equity | 4639 | 11 833 | 25 860 | 40 030 | 59 463 | 42 629 | 90 079 | 141 719 | 162 651 | 28 639 | -161 878 | -142 900 |
| Income statement | ||||||||||||
| Sales revenue | 305 719 | 576 044 | 688 700 | 713 243 | 871 078 | 764 510 | 844 194 | 791 497 | 1 281 958 | 667 585 | 327 699 | 30 742 |
| Operating profit | 3897 | 9978 | 14 079 | 17 163 | 49 060 | 7518 | 51 869 | 59 826 | 78 996 | -113 124 | -167 395 | 24 054 |
| Profit before income tax | 3058 | 8123 | 13 098 | 14 393 | 42 816 | -2021 | 47 471 | 51 648 | 58 528 | -134 012 | -190 489 | 18 996 |
| Profit for the reporting year | 2125 | 7194 | 12 165 | 14 170 | 42 816 | -2076 | 47 449 | 51 640 | 58 432 | -134 012 | -190 517 | 18 978 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 9 | 21 | 20 | 22 | 13 | 14 | 15 | 15 | 11 | 10 | 7 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 21 013 | 13 219 | 0 | 0 | 0 | 14 500 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: Sabiedrība ar ierobežotu atbildību "Baltic Timber Company"
Overview
Sabiedrība ar ierobežotu atbildību "Baltic Timber Company" (reg. no. 42403034568) is a limited liability company. The company was registered in 2013 and has been in the register for 12 years. Registered address: Rēzekne, Zilupes iela 113B.
Financial results
Revenue in 2025 was 30 742 €, down 90,6% on the previous year (327 699 €). From 2014 to 2025, revenue declined by an average of 18,8% per year. This is the company's lowest revenue among the published years (2014–2025). Net profit for 2025 was 18 978 € (61,7% of revenue). The company was profitable in 9 of the 12 published years. In 2025 the company had 2 employees (7 a year earlier). Revenue per employee was 15 371 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-142 900 €).
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.